MLS #MRD12646271 image #0
CAP 8.5!!!! Rare opportunity to acquire a fully stabilized neighborhood shopping center in one of Chicagoland’s most densely populated retail corridors. Strategically located just three blocks south of I-290 in the heart of Cicero’s Island neighborhood, this asset serves as a primary shopping destination with excellent visibility and accessibility. The property is fully occupied with a strong WALT of approximately 6 years as of June 1, 2026, offering immediate and predictable cash flow. Recent capital improvements include a new roof, new parking lot, and approximately half of HVAC units replaced, creating a truly low-maintenance investment opportunity. Benefiting from over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a 3-mile radius, this asset combines stable in-place income, strong demographics, and long-term location fundamentals in a proven infill retail market.

Property Details

Price:
$2,820,000
MLS #:
MRD12646271
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
cicero
Listed Date:
May 12, 2026
Total Sq Ft:
10,451
Year Built:
1995
CiceroCicero

Schools

Interior

Cooling
Central Individual

Exterior

Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$239,716
Tax Year
2025
Taxes
$71,913

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